PEO AlphaQuest Thematic PE ETF

Frequently Asked Questions About LQPE

What does LQPE invest in?

LQPE seeks to outperform the public equity markets by replicating traditional private equity (PE) funds focused on leveraged buyouts. The actively managed portfolio comprises 70-80% equity securities and 20-30% derivatives. The funds equity component consists of US-listed stocks of any market size that mirror the industries and company characteristics typically targeted by PE funds. Securities are selected based on the sub-advisers analysis of PE data and its proprietary models. The funds dividend component includes futures contracts and futures-related instruments designed to increase equity exposure and reduce downside volatility relative to public equity markets. LQPE gains exposure to futures contracts and other derivative instruments either directly or indirectly by investing up to 25% of its assets in a wholly owned Cayman Islands subsidiary. Lastly, the fund invests in cash, short-term US Treasury securities, money market funds, and cash equivalents to serve as collateral.

What is the expense ratio of LQPE?

PEO AlphaQuest Thematic PE ETF (LQPE) charges an expense ratio of 1.25%. This is the annual fee deducted from fund assets to cover management and operations.

How big is LQPE?

PEO AlphaQuest Thematic PE ETF (LQPE) manages $13.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is LQPE actively managed or an index fund?

LQPE is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (LQPE's is 1.25%) in exchange for the discretion to over- or under-weight positions.

When was LQPE launched?

PEO AlphaQuest Thematic PE ETF (LQPE) launched in January 2025 and is managed by PEO.

How has LQPE performed?

LQPE's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.